Fees and Overnight Financing
There are two types of fees: Trade fee and Overnight financing (I.e. funding).
Trade fee is incurred each time you buy or sell assets on the market (i.e. each time you open and close a position).
Current trade fees on margin Trading accounts are:
- 0.05% for Cryptocurrencies
- 0% for Forex, Indices, and Commodities
A minimum 25% discount on trade fees is applied to 
COV-denominated Margin trading accounts, see COV token utility.
Trade fees can be reduced by up to 50% based on turnover within the last 30 days or by activating various promotional codes.
Copy-trading Strategy accounts may be subject to additional slippage fees caused by executing significant Follower's order, as explained here.
Overnight financing is due for any position that is carried into a new trading day (past 00:00 UTC) and is withheld from Trading account balance. A trading day lasts from 00:00 UTC to 23:59 UTC. Any position closed before 00:00 UTC will not be charged at all.
On Forex overnight financing is charged on Saturdays at 00:00 UTC. I.e. for any position that is carried from Friday 23:59 to Saturday 00:00 UTC, including CFDs, Indices and Commodities markets.
On Forex overnight financing is not charged on Sundays at 00:00 UTC and is not charged on Mondays at 00:00 UTC. I.e. for any position carried from Saturday 23:59 to Sunday 00:00 UTC, and from Sunday 23:59 to Monday 00:00 UTC, including CFDs, Indices and Commodities markets.
Therefore, overnight financing is not charged on weekends for markets that are closed during this time. However a triple financing rate is due on Thursday 00:00 UTC.
Detailed information regarding fees and trading conditions for all available instruments can be found on our website here: https://primexbt.com/fees
Additionally, you can review detailed information for all available instruments for Global Markets (Margin) and Copy Trading accounts directly from your PrimeXBT account interface here: https://primexbt.com/my/fees
Trade fee is incurred each time you buy or sell assets on the market (i.e. each time you open and close a position).
Current trade fees on Crypto Futures trading accounts are:
- Maker — a fee that a trader pays (or a rebate that he will receive) when he places a limit order that was executed on the market. Instantly executed limit orders are subject to Taker fees.
- Taker — a fee that a trader pays when he places a stop or market order that was executed on the market, including instantly executed limit orders.
Currently the trading fees for all tradable instruments on Crypto Futures platform are:
- Maker — 0.02%
- Taker — 0.01%
Overnight Financing in Crypto Futures platform unlike regular margin trading accounts is charged 3 times a day, i.e. once every 8 hours. This provides users with flexibility while trading by reducing the financing rates significantly per each charge.
Current overnight financing rates can be:
- Positive — when a funding rate is positive you pay a commission;
- Negative — when a funding rate is negative you receive a commission.
You can review current trading fees and overnight financing rates and detailed information about trading conditions for the selected instrument in the 'Contract Specification' section or on the main website page here.